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What If My Home Isn’t Selling?
Selling a home rarely happens overnight, yet sellers can find it frustrating if it seems that too much time is passing without closing the deal. On average, a home shouldn't take more than six weeks to sell—if the market is strong and the property is priced appropriately. If it sits much longer, buyers can become wary, so let's look at some ways to generate interest if your home isn't selling as fast as you'd like.
Location, Price, and Condition
While you can't just move your home to a different part of town if traffic is low, you can reassess the price you're asking, and whether it's comparable to other homes in the area in addition to what the property itself offers.
If you've got some time, and have received consistent feedback over issues with the house, then you may want to go ahead and take the house off the market for a short time to address those issues. There are low-budget fixes you can do to make a house more desirable. Sometimes it's as simple as decluttering, slapping on a coat of a fresh paint, and putting out fresh flowers. In other instances, it could take a little more . . . maybe updating the kitchen and/or baths will be what it takes.
If you are unable to spare the time or money for a remodel, or the location is out of your hands no matter how nice the house actually is, another option is to go ahead and reduce the asking price.
Do You and Your Realtor Have the Same Goal?
As large an investment as a home is, you want to be sure that your Logan County real estate agent has your back. Be honest with your expectations from the first meeting with them. Also, be open to their suggestions and recommendations. Remember, they do this for a living and it's their job to know the market you're trying to crack. A good agent won't let you undersell or overprice, and will be willing to pursue offers by following up with any potential buyers who've shown interest.
If you are having trouble selling your home, let us help!
